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Why people prefer Co-insurance plans |
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We have seen that people prefer co-insurance plans due to peace of mind, coverage limits and optional pre-ex condition coverage. |
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Is the medical coverage per incident or policy period |
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These plans generally allow you to purchase coverage up to $1M, so the medical coverage amount is for the entire policy period. |
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Does the deductible and medical coverage amount starts again when I renew the policy |
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No. As long as you renew the policy prior to the expiry date, the deductible and medical coverage amount will roll over and continue without having to start it again. |
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What is the coverage for a visitor who is 80+ |
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Majority co-insurance plans limits the medical coverage to either $10K or $15K for travelers who are 80 or above. |
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What is co-insurance |
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This is a stage of the plan where the claims are paid by the insured and insurance company according to a %age. That is the reason it is called co-insurance, since two parties are paying the covered claim. |
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When does co-insurance phase of the plan kick in |
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Co-insurance phase starts after the deductible has been paid by the insured. |
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When will I stop paying the co-insurance |
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Based on the plan you have enrolled in, the co-insurance phase can be as little as up to first $5000 medical bills or as high as a %age of total bill till the medical maximum. |
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Is the plan renewable |
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Yes majority of these plans are renewable online, as long as the original policy has not expired. |
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Can I purchase the policy on behalf of someone else |
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Yes you can purchase on behalf of someone else and pay by your credit card. |
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Will the policy cover trip to Europe or Canada |
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Most co-insurance plans covers a person traveling anywhere outside his home country, so the visits to Europe and Canada will be covered. |
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Is there pre-existing medical coverage available under co-insurance plans |
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Yes, Atlas Series plan provide limited pre-existing medical condition coverage for visitors traveling to USA. For more details please visit the Visitors Insurance (pre-ex coverage plans) tab on the home page. |
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